DonmoyerOct. 4 (Bloomberg) -- The House approved today a measure to protect mortgage borrowers from getting a surprise tax bill from the Internal Revenue Service after a lender has foreclosed on their home.The bill, which still must pass in the Senate and be signed by President George W.

Cary Losson is the president, ceo and founder.

Rabold, a vice president of the Steel and also by the founder of Just Born candy company Samuel Born (Some call it the Rabold House, some the Born House...and some even call it the Peep House after the marshmallow treat made by Just Born).As for investement properties...well, our place is it right now.

Regarding Refinancing a Condo Hotel unit.I spoke with the president of a realty company this morning in Florida that specializes in Condo-Hotel properties, and asked the question about refinancing.He made these comments.I think this goes without saying, but, obviously the first thing is working with a realtor that completely understands the market.

i am newbie here as well and read foucus on one topic at a time really read all you can in this forum and join real estate aasociation REI in your hometown and you meet people in the "know" I started last week and in the cal classroom i met mortgage brokers, new people learning the market like me. the seminar leader is nice and very knowledgeable. he met a president at a bank through networking and how beneficial to network with people in REI especially if your looking for reputable vendors.

Even more interesting will be how an election year will tie into everything.

But we do have an election coming and the politicians need to do something to keep the voters happy. 8)

After Jan 1, this right of redemption goes away and the cure period (time from NOD to sale, NOD is called a NED - Notice of Election and Demand here) is extended by the former owner redeption period.

When the next election happens consider how you vote based on the elected officials trying to help you as a RE investor.2.

So, for example, I know if you were to use the standard Colorado Real Estate Board purchase contract to directly buy a house from someone after they had been served with the "Notice of Election and Demand" (NOD in most places) you would be in violation of the Colorado Foreclosure Protection Act, and would be subject to criminal penalties including prison.